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Code · Kentucky · Kentucky Revised Statutes

56.784 Guaranteed energy savings performance contracts -- Authority for

239 words·~1 min read·/ky/56-784

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administrative regulations.
(1)Each agency responsible for managing state-owned property shall review the utility
usage of the property and shall cooperate with the cabinet to determine which
properties are good candidates for guaranteed energy savings performance contracts.
The responsible agency is encouraged to implement guaranteed energy savings
performance contracts where appropriate.
(2)The cabinet may implement the provisions of KRS 56.770 to 56.784 through the
promulgation of administrative regulations pursuant to KRS Chapter 13A.
(3)The secretary of the cabinet shall promulgate administrative regulations in
accordance with the provisions of KRS Chapter 13A establishing a process for
procurement of energy savings performance contracts, including required contract
language. The following entities shall adhere to these regulations when procuring
services under a guaranteed energy savings performance contract:
(a)Any governing body of a postsecondary institution that manages its capital
construction program under KRS 164A.580; or
(b)Any public corporation as defined by KRS 45.750(2)(c) or as created under
the Kentucky Revised Statutes as a governmental agency and instrumentality
of the Commonwealth that manages its capital construction program.
(4)All state agencies, including those identified in subsection
(3)of this section, shall
submit proposed guaranteed energy savings performance contracts to the Office of
Financial Management within the Office of the Controller for review and approval
prior to contract execution.
(5)The secretary shall report all authorized guaranteed energy savings performance
contracts to the Capital Projects and Bond Oversight Committee for its review.
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